Apply on Employer Site

Deutsche Bank · 1 week ago

Rates Business Controls Unit - Vice President

New York, NY

Full-time

Hybrid

Senior Level

$170K/yr - $200K/yr

Deutsche Bank is a leading financial services provider that offers a wide range of solutions to institutional and corporate clients. The Rates Business Controls Unit Vice President will manage the risk and control environment for the Rates business, ensuring compliance with regulatory requirements and overseeing business control frameworks.

BankingFinanceFinancial Services

Responsibilities

Liaison for Audit, Compliance and Regulatory reviews including coordination of meetings and delivery of audit finding closure materials and self-identification of issues

Evaluating business MI, making independent decisions, implementing changes to ensure compliance with regulatory requirements and policies

Building and maintaining strong partnerships with stakeholders across Trading, Sales & Structuring and Infrastructure and play a key controls advisory role with Trading

Oversee business control environment and execute non-financial risk (NFR) frameworks across US and Global Rates, including running key Rates governance forums

Shape, develop and implement Rates governance and controls including identifying and understanding control gaps and developing and executing remediation plans

Qualification

Investment Banking experienceNon-Financial Risk knowledgeAudit experienceFixed income products knowledgeMarket conduct controls understandingAnalytical skillsCommunication skills

Required

Investment Banking experience, preferably within Front Office and with exposure Compliance, Non-Financial Risk, and Audit functions; prior experience to enable effective liaison with Trading and supporting functions to plan and co-ordinate across multiple stakeholders

Solid experience engaging with third parties on audits, self-identification of key risks and issues, formulating action plans, ability to remediate audit findings independently

Specific knowledge of non-financial risks associated with fixed income are preferred. Sound understanding of the investment banking environment and industry initiatives, particularly around regulation

Deep understanding of risks and controls over front to back trading processes, day 1 P&L, book ownership, book access and trade life cycle of fixed income products

Understanding of market conduct controls including UPTA controls, trade & communication surveillance output etc

Strong analytical and communication skills to review and synthesize technical content to senior level management